Carve out a competitive advantage by adding data analytics to your ERP
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Carve out a competitive advantage by adding data analytics to your ERP

 

Data is increasingly vital to mid-market businesses who want to carve out a competitive advantage. Everyone working in wholesale or retail industries knows how easy it is for customers to swap suppliers when an issue arises or not, so data analytics may hold the key to keeping them. Build a case for data analytics to enhance your ERP system so you can adopt a whole-of-business approach to keeping customers.

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Topics: Business Intelligence Basics, Industry - Wholesale Distribution, Job Role - IT, Job Role - Executive, Industry - Retail, Industry - Consumer Goods

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Carve out a competitive advantage by adding data analytics to your ERP

 

Data is increasingly vital to mid-market businesses who want to carve out a competitive advantage. Everyone working in wholesale or retail industries knows how easy it is for customers to swap suppliers when an issue arises or not, so data analytics may hold the key to keeping them. Build a case for data analytics to enhance your ERP system so you can adopt a whole-of-business approach to keeping customers.

Read more

Topics: Business Intelligence Basics, Industry - Wholesale Distribution, Job Role - IT, Job Role - Executive, Industry - Retail, Industry - Consumer Goods

Phocas is named top dashboard software in FrontRunners

Phocas is named the top dashboard software by Software Advice. FrontRunners helps businesses evaluate which software products may be right for them. Verified end-user reviews and product data is evaluated, then Software Advice positions the top scoring products based on usability and customer satisfaction ratings. Phocas scored highest in both categories, with a usability score of 4.95/5 and a customer satisfaction score of 4.75/5.

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Topics: Job Role - IT, Reviews and Recognition, Job Role - Executive, business intelligence dashboards, data visualizations

Around the world in 10 days, Glashier-style

Ever had a staycation get out of hand? It started as a bit of fun, activities to keep the kids amused in lockdown. Suddenly, each day was more outrageous and imaginative than the last. The travel ban has been a major restriction of the quarantine but Phocas founder and co-CEO, Myles Glashier and his wife Babs, a former advertising creative dreamed-up an around-the-world adventure.

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Topics: Job Role - Sales, Job Role - IT, Job Role - Executive, Job Role - HR

How data-driven decision-making can help businesses rebound faster

According to research conducted by McKinsey before covid-19 hit, 92% of companies thought their business models would need to change in order to remain economically viable given their industry’s rate of digitization. Now, the pandemic has underscored that need, especially for businesses lacking the capabilities that have shown to be particularly robust during the lockdown, such as access to timely data or an online sales model. Leaders are now thinking strategically about ways to better use technology and data to proactively enable data-driven decision-making across all aspects of their operations to rebound successfully. 

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Topics: Job Role - Finance, Job Role - IT, Job Role - Executive, decision-making, data analytics

A new BI solution for the construction industry

A new partnership between Phocas Software and Aktion Associates will empower construction businesses to use their data to make critical business decisions and improve planning. The partnership integrates Phocas business intelligence software with Sage 300 Construction and Real Estate and Sage 100 Contractor accounting and project management software to help users manage all aspects of their operations. The integrated BI reporting solution, Aktion Analytics powered by Phocas, is available to Sage 300 and Sage 100 customers exclusively through Aktion.

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Topics: Job Role - IT, Industry - Building & Industrial Supplies, ERP - SAGE, Press release

How to foster data analytics skills in your organization

it-managers-how-to-foster-a-data-driven-competency-in-an-organization

Being data driven means promoting fact-based decision making, driving user adoption of an analytics solution, and ensuring staff can gain insights from data. While this may look like a big managerial responsibility, it does not need to be a resource intensive task. During disruptions like Covid-19, data literacy pays off and enables confident whole-of-business responses, and helps people understand the big picture.

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Topics: Job Role - IT, decision-making, data analytics

Phocas rates 50/50 by users in Capterra's top 20 most popular BI software products

Phocas has been named a top 20 most popular business intelligence software product by Capterra, a free online service that helps organizations find the right software. We scored a perfect 50/50 score from customers who took part in the review process.

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Topics: Business Intelligence Basics, Job Role - IT, Reviews and Recognition, Job Role - Executive, business intelligence software

Why business intelligence reporting doesn't have to be complex

The goal of business intelligence reporting is to transform data into accurate and actionable information for easy analysis and rapid decision-making. Through simple dashboards, all users are able to interpret a full view of business performance. This can be done quickly and efficiently which is important during a crisis.  Reports can be created on the spot and the information disseminated companywide.  In this post, we will take a closer look at why BI reporting comes without the complexity.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

A buyer's guide to the best business intelligence software

Business intelligence software is a competitive marketplace, and many cloud-based vendors sound the same. So how do you determine what’s the right fit for your company? At a macro level, it’s crucial the BI software supports your company strategy, is compatible with your industry and works with your tech stack.To help you navigate through the options, we outline 8 considerations in the buyers guide to the best business intelligence software.

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Topics: Business Intelligence Basics, Job Role - IT, Reviews and Recognition, Strategy, Management and Performance, Job Role - Executive, KPIs, business intelligence software

BI reporting versus traditional reporting

Over the last 15-years, we have undergone a major change in the way we do business. This is mostly due to technological advancement and the proliferation of SaaS. Companies must have the ability to store and analyze huge volumes of data. People cannot afford to wait for weekly or monthly reports to make critical company decisions. The ability to generate accurate, relevant and timely reports is critical if a company is to remain agile.  In this post, we will discuss a few ways BI reporting outplays traditional reporting practices.  

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

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